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Parent Direct PLUS Prequalification Form Please print the following information making sure to complete ALL questions legibly: PARENT INFORMATION (BORROWER) *only one parent may complete this form
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How to fill out parent direct plus prequalification

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How to Fill Out Parent Direct Plus Prequalification:

01
Start by visiting the official website of the lending institution or the U.S. Department of Education's Federal Student Aid (FSA) website.
02
Look for the Parent Direct Plus Loan application or prequalification form.
03
Provide your personal information, including your name, address, social security number, and contact details.
04
Enter your child's information, such as their name, school, and student identification number.
05
Provide details about your employment and income, including your employer's name, your annual income, and your job title.
06
Disclose any other sources of income or financial resources you have.
07
Review the terms and conditions of the loan carefully, including the interest rate, repayment options, and any associated fees.
08
Submit the prequalification form online or through mail as per the instructions provided.
09
Wait for a response from the lending institution or the FSA regarding your prequalification status.
10
If you are prequalified, continue with the loan application process to complete the Parent Direct Plus Loan request.

Who Needs Parent Direct Plus Prequalification:

01
Parents or legal guardians who intend to borrow money to help their dependent undergraduate child pay for college or career school expenses may need to undergo the Parent Direct Plus Prequalification process.
02
The Parent Direct Plus Loan is a federal loan program available to individuals who have a favorable credit history and want to support their child's educational expenses.
03
Additionally, parents who wish to take advantage of the flexible repayment options and competitive interest rates offered by the Parent Direct Plus Loan may require prequalification.
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Parent Direct PLUS Prequalification is a process that allows parents of dependent undergraduate students to determine if they are eligible for a Direct PLUS Loan before applying.
Parents of dependent undergraduate students who are interested in taking out a Direct PLUS Loan are required to file parent direct plus prequalification.
Parents can fill out the parent direct plus prequalification form online on the Federal Student Aid website by providing their personal and financial information.
The purpose of parent direct plus prequalification is to help parents understand their eligibility for a Direct PLUS Loan before formally applying, reducing the risk of being denied.
Parents must report their personal information, financial information, and the amount they are requesting to borrow on the parent direct plus prequalification form.
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